{"id":372825,"date":"2026-07-14T18:15:12","date_gmt":"2026-07-14T18:15:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/372825\/"},"modified":"2026-07-14T18:15:12","modified_gmt":"2026-07-14T18:15:12","slug":"affinius-capital-provides-35m-refi-for-grocery-office-asset-near-houston-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/372825\/","title":{"rendered":"Affinius Capital Provides $35M Refi for Grocery-Office Asset Near Houston \u2013 Commercial Observer"},"content":{"rendered":"<p>Howard Hughes Communities has secured a $35 million loan to refinance Village Green at Bridgeland Central, a nearly 200,000-square-foot mixed-use development that includes retail and office space in Cypress, Texas, Commercial Observer can first report.\u00a0<\/p>\n<p><a href=\"https:\/\/commercialobserver.com\/company\/affinius-capital\/\" title=\"Affinius Capital\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Affinius Capital<\/a> provided the debt, while <a href=\"https:\/\/commercialobserver.com\/company\/jll\/\" title=\"JLL\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">JLL<\/a>\u2019s Colby Mueck, Kelly Layne, Jack Britton and Scot Sarlin arranged the transaction.\u00a0<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2026\/07\/ben-brown-brookfield-real-estate-office-hospitality-logistics\/\" rel=\"nofollow noopener\" target=\"_blank\">Ben Brown, Brookfield\u2019s Real Estate Chief, On REITs, Housing, Office and Hospitality<\/a><\/p>\n<p>Located at 20115 Bridgeland Creek Parkway in Cypress \u2014 an unincorporated community in Harris County, a town roughly 25 miles northwest of Downtown Houston \u2014 Village Green at Bridgeland Central is a 23-acre development that opened in 2024.\u00a0<\/p>\n<p>The asset is nearly fully leased and includes a 149,000-square-foot retail center with Texas grocery store H-E-B as an anchor tenant, and a 49,000-square-foot Class A office building.\u00a0<\/p>\n<p>Costa Kontoulis, managing director at Affinius Capital, noted in a statement that Village Green at Bridgeland Central has attracted \u201chigh-quality tenants\u201d in both its office and retail components.\u00a0<\/p>\n<p>\u201cThis financing extends our relationship with Howard Hughes and reflects our conviction in well-located, grocery-anchored retail paired with sustainability-focused office space,\u201d he said.\u00a0<\/p>\n<p>Brian Pascus can be reached at <a href=\"https:\/\/commercialobserver.com\/2026\/07\/affinius-capital-provides-35m-refi-for-mixed-use-grocery-office-asset-near-houston\/mailto:bpascus@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">bpascus@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Howard Hughes Communities has secured a $35 million loan to refinance Village Green at Bridgeland Central, a nearly&hellip;\n","protected":false},"author":2,"featured_media":372826,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[33130,56,58,57],"class_list":["post-372825","post","type-post","status-publish","format-standard","has-post-thumbnail","category-houston","tag-costa-kontoulis","tag-houston","tag-houston-headlines","tag-houston-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/372825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=372825"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/372825\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/372826"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=372825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=372825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=372825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}